Boot Buddy, a Footwear cleaning product, was started by Rashpal, Gurminder, and Amarinder Dhillon. The company’s start date is unknown. As of October 2023, Boot Buddy’s net worth is $317,000. The company sales have increased after appearing on Dragons Den.
In July 2016, they appeared on Season 14 of Dragons’ Den UK and made a deal with Peter Jones, Deborah Meaden, and Touker Suleyman, for $60,000 For 30% Equity. The final valuation was $200,000, down from the founder’s initial estimate of $600,000.
Boot Buddy is still in business. Their products are available on the official website and Amazon.
Boot Buddy’s Net Worth
Net worth | $317,000 (2023) |
Annual Sales Revenue | – |
Profits | – |
Lifetime sales | – |
Investors | Peter Jones, Deborah Meaden, and Touker Suleyman |
Founders | Rashpal, Gurminder and Amarinder Dhillon |
Employees | 50 |
Boot Buddy Net Worth Timeline
Net Worth 2023 | $317,000 |
Net Worth 2022 | $300,000 |
Net Worth 2021 | $250,000 |
Net Worth 2020 | $200,000 |
Net worth valuation in 2016 after appearing on Dragons’ Den | $200,000 |
Net worth valuation in 2016 before appearing on Dragons’ Den | $600,000 |
Boot Buddy Pitch on Dragons’ Den
Company name | Boot Buddy |
Product | Footwear cleaning product |
Episode | Season 14 Episode 01 |
Founders | Rashpal, Gurminder and Amarinder Dhillon |
Asked for | 60,000 For 10% Equity |
Final deal | $60,000 For 30% Equity |
Sharks | Peter Jones, Deborah Meaden, and Touker Suleyman |
Location | Stourport, Worcestershire |
Don’t miss these products from Season 14
Boot Buddy Founders
Boot Buddy was founded by Rashpal, Gurminder, and Amarinder Dhillon. The company’s start date is unknown. Unfortunately, owners’ information is publicly unavailable. Boot Buddy’s founders, Rashpal, Gurminder, and Amarinder Dhillon, have a net worth of USD 317,000 as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Boot Buddy is one of the leading footwear cleaners in the UK |
2016 | Boot Buddy appeared on Dragons Den |
Conclusion
From their beginnings in Dragons’ Den to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Boot Buddy and its continued success.